Fiesta Crafts Limited

Fiesta Crafts Ltd, based in Enfield, UK, is a small, family-run business with an active status, celebrating 30 years in operation. Employing just six people and holding £372,434 in assets, it’s a modest enterprise with a real address and three directors overseeing its activities. The company operates an e-commerce site and regularly imports and exports toys, games, and sports equipment – 142 months of import activity and 135 months of export activity recorded.

The company’s website showcases a diverse range of products, from magnetic learning toys and craft kits to stickabouts and hand puppets. It caters to both parents and educators, emphasizing quality materials and educational value. The site also features a blog with articles on topics like teaching children to tell time and the benefits of educational toys, demonstrating a commitment to engaging content.

Financially, Fiesta Crafts Ltd presents a mixed picture. Current assets have fallen by 25% to £370,000, while net assets have also decreased by 12% to £340,000. Cash reserves have seen a significant drop of 84%, plummeting to £100,000. However, creditors have also decreased by 66%, suggesting improved management of short-term liabilities. Trade debtors have also fallen by 49%, which could indicate better collection practices. The company meets two of three criteria to be considered small – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no mention of an auditor, likely due to its small size and exemption from an audit.

The sharp decline in cash reserves is a cause for concern, potentially indicating increased operating expenses or a slowdown in sales. However, the reduction in debt suggests the company is actively managing its finances. It’s possible that the company is investing in its e-commerce platform or expanding its product line, which could explain the temporary dip in cash flow.

Registered in England/Wales under the registration number 03046215, with a registered address at EN2 0HD, England, Enfield, 45 Gloucester Road, Enfield, Middlesex, Gloucester Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.